Never fear, Jim Cramer is here.
As you open what’s destined to be only your first bag of candy, Jim Cramer and Action Alerts PLUS research analyst Zev Fima are breaking down what could have this market leaving investors more tricks than treats.
Katherine Ross has the morning off.
Weeding Out the Noise
Cramer wrote in his latest column on Real Money that Wall Street loves nothing more than using the Fed and the ongoing trade negotiations with China as reason to miss out on making money in this market.
So how can investors avoid giving in to market parlor games?
Facebook Faces More Scrutiny
Political ads were once again in the headlights Wednesday as Facebook reported earnings. Facebook reported earnings per share of $2.12 on $17.65 billion in revenue, compared to analyst forecasts of $1.91 per share on $17.26 billion in revenue according to FactSet.
CEO Mark Zuckerberg noted that Facebook has a rough year ahead as political campaigns are likely to put the social media giant in the spotlight. Should investors expect Facebook to follow in Twitter’s footsteps in removing political ads from its platform.
Wearables Are the Apple of Apple’s Eye
Real Money Stock of the Day Apple said earnings for the three months ending in September, its fiscal fourth quarter, came in at $3.03 per share, a 6.7% increase from 2018.
Driving the beat was strong growth in revenue from the wearables division that includes the Apple Watch and AirPods.
Should further growth be expected this holiday season with the launch of AirPods Pro?
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